Bitcoin ETFs buy $1.92B this week, largest stash in 10 months

US spot Bitcoin ETFs just had their best week in nearly a year. The funds collectively pulled in $1.92 billion in net inflows for the week ending August 22, a pace of buying that hasn’t been matched since October 2025, when ETFs attracted $2.71 billion. The timing lines up with Bitcoin’s price ripping roughly 25% higher over the same stretch, with the asset approaching the $80,000 level. Five straight days of green Every single trading day posted positive net inflows. Monday opened with $297.6 million flowing in, followed by $189.3 million on Tuesday. Wednesday kicked things up to $517.2 million, Thursday hit the week’s peak at $606.3 million, and Friday cooled slightly to $307.5 million. BlackRock’s iShares Bitcoin Trust (IBIT) continued to do what it does best: absorb the lion’s share of demand. The fund captured $503 million on its peak day. Fidelity’s FBTC, Bitwise’s BITB, and ARK 21Shares’ ARKB also contributed meaningfully to the week’s total. Why the flood of capital now US Treasury buyback expansions during the week helped push yields lower, making risk assets more attractive by comparison. Short-covering added fuel. As Bitcoin’s price began climbing, traders who had been b...